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4. (20 pts) Consider the profit function 7 (q) below, where q denotes output: T(q) = 5q -450 for q < 10 and T(q) =q
4. (20 pts) Consider the profit function 7 (q) below, where q denotes output: T(q) = 5q -450 for q < 10 and T(q) =q - 50q for q > 10 Is 7(q) differentiable at q = 10? Use the definition of differentiability to support your
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Foundations of Business
Authors: William M. Pride, Robert J. Hughes, Jack R. Kapoor
6th edition
1337386928, 9781337670975 , 978-1337386920
